Settings8H · net · $10k
Funding arb · Price arb /

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0380%/8h= −41.7% APRnext payment $0.48 per $10,000 · paid last 24h −0.068%
Price spread now: Ondo Perps against SoDEX−0.110%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Ondo Perps is 0.110% cheaper against SoDEX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MRNA-USD173.080.0431pay 0.0054% / 1h46m 42s$40K$56K10x
ShortOndo Perps MRNA-USD.P172.890.0050get 0.0006% / 1h46m 42s$42K$35K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$79.88
Price spread: −0.110% → 0.000%
−$10.98
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$103.86
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Ondo Perps no order-book sample
SoDEX and Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MRNA on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MRNA−0.1152%1h173.17+0.052%$156K$1.2M10xas long as short
Aster MRNAUSDT0.0000%8h172.91−0.098%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h173.11+0.017%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h173.10+0.012%$941K$620K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.88−0.116%$1.3M$5.3M20xas long as short
Gate MRNA_USDT0.0000%8h172.89−0.110%$864K$998K20xas long as short
Bitget MRNAUSDT0.0000%8h173.10+0.012%$2.7M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.99−0.052%$55K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.05−0.018%$242$148K10xas long as short
HTX MRNA-USDT0.0000%8h172.91−0.095%$13K$430K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h173.06−0.012%$1.6M$650K20xas long as short
QFEX MRNA-USD0.0000%1h172.83−0.144%$1.1M$2.6M10xas long as short
BloFin MRNA-USDT+0.0005%8h172.94−0.081%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.355%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.86−0.127%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.92−0.091%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.94−0.081%$2.6M$4.5M10xas long as short
Ondo Perps MRNA-USD.Pshort+0.0050%1h172.89−0.110%$42K$35K5x
Phoenix MRNA+0.0185%1h172.84−0.139%$5K$191K10xas long as short
SoDEX MRNA-USDlong+0.0431%1h173.08long leg$40K$56K10x
edgeX MRNAUSDC+0.0689%4h172.96−0.071%$3K$248K10xas long as short